No. of Recommendations: 4
Call Ford Credit and point out what a good fellow you
have been for the past 2 years, paying on time, etc.
Ask what they can do to lower your interest rate, now
that interest rates are lower.

Point out that you have unsecured credit at a lower
rate than your car loan, and that if they can't help you
you will be paying off the car loan fairly quickly;
therefore, they will make more money from you if they
can lower the rate and thus decrease your will to pay
it off early.
If that doesn't work, check with your credit union,
and your bank, in that order.

The reason you'd rather pay off the credit cards is
that we don't trust credit card companies; they can raise
your rates in a flash for no good reason "just because
they can". Your auto loan is at a rate fixed for the
life of the loan. Clearly there is a point at which
you'd rather take your chances on credit card companies
raising rates and get rid of the higher interest loan first.
Exactly where that point is, your choice.
Good luck! Chris
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